Why GAAP Matters to You

Most have no idea what GAAP stands for, though they should if they are interested in an online education.  GAAP stands for Generally Accepted Accrediting Principles.  This stamp of approval is very important as it serves to delineate between the haves and have-nots.

To offer recognized accreditation under GAAP, a school in the U.S. must receive accrediting by an accrediting agency recognized either by the U.S. Department of Education and/or by the Council on Higher Education Accreditation.  There are six regional accrediting agencies and numerous national accrediting bodies.

So not only do you want to ensure your school is accredited vs. unaccredited, but you also want to make certain your school has been recognized under the Generally Accepted Accrediting Principles, which is granted when an approved accrediting agency gives its stamp of approval.

If you have questions regarding your schools accreditation credentials you can either contact the Department of Education or Council for Higher Education Accreditation (CHEA) for more details.